Disclosure - I have a small amount of shares(that I could care less about) and have been just following this thread for fun as I think , in the history of the OTC- there has never been so much discussion (going on over 4 years now) for a worthless stock-ever
SSC I think these are 10 solid questions..
Here is my non partial take on it (as i could care less if my remaining few mill shares ever are worth squat)
1. There are over 1.5 billion shares short in secret foreign accounts- BEYOND DOUBTFUL AND HARD TO PROVE
2. Offor owns over 50% and maybe 100% of erhe shares- HE MAY OWN A LARGE PORTION
3. There is a done deal with Total - VERY DOUBTFUL BUT POSSIBLE
4. Total is going to buy erhe for 10 cents/share or more by the end of this year (or maybe end of 2021 since it probably won't happen this year as originally promised with 100% probability in an earlier version of the bullish narrative). FAIRY TALE..
5. With good news from erhc, a massive short squeeze will occur that will cause the financial markets to crumble (yes, that was also one of the narratives) HARD TO HAVE A SHORT SQUEEZE WHEN THERE ARE MOST LIKELY NO SHORTS - INCL THE CANADA STUFF
6. All erhe shares are in strong hands and no one is selling until a buyout is announced or commercial oil is proven up (even though selling is happening almost every day). THERE IS A CERTAIN AMOUNT I THINK IN STRONG HANDS THOUGH HARD TO SAY HOW MUCH..
7. erhc will issue multiple 1 cent dividends in the near future--LOL
8. erhc will have the SEC reporting problems fixed in the near future HIGHLY UNLIKELY BUT STILL POSSIBLE
9. erhc shareholders will be better off if the company is privatized- USUALLY NOT THE CASE
10. There is a small circle of investors who together control more than 50% of erhe shares, yet only 1 person has complied with SEC disclosure regulations and reported a 5%+ position: I THINK THIS COULD BE THE CASE WITH A SMALL CIRCLE OWNING THE MAJORITY OF SHARES.
anyway that is my no expertise, outsider, could care less, but I have experiance- point of view..
